The Ministry of Development Planning and Cooperation of Togo and the United Nations System launched on 11 May 2021 a project entitled “Improving development financing for the achievement of the SDGs in Togo ”. This project is jointly funded by the Joint SDG Fund, the United Nations Development Program (UNDP), and the United Nations Children's Fund (UNICEF).
With a budget of 2,124,045 US dollars (respectively $1,000,000 from the Joint SDG Fund, $924,045 from UNDP and $200,000 from UNICEF), the project will be implemented by UNDP and UNICEF. By June 2022, the project will help create the conditions for an increase in resources to support the financing of the SDGs as well as the new government vision adopted in October 2020 and contained in the 2025 roadmap: “A Togo in peace, a modern Nation with inclusive and sustainable economic growth.”
The project will explore the conditions for mobilizing all potential financing flows, including private sources. Operational interventions will concern the strengthening of the country's development financing system taking into account the 2030 Agenda, particularly for optimal use of internal and external resources.
To do this, attention will be paid to coordinated actions to mobilize resources for sustainable development, explore financing opportunities, and establish a multi-stakeholder dialogue on the financing of national development priorities fully involving the private sector.
Emphasis will also be placed on better alignment of the planning, programming, budgeting, monitoring and evaluation (PPBSE) chain. The aim is to accelerate the targets of the Sustainable Development Goals (SDGs) in line with the principle to leave no one behind through strengthening the institutional, organizational, and technical capacities of all stakeholders as well as strengthening transparency and accountability.
Particularly for the agricultural (SDG 1 and 8), health/nutrition (SDG 3 and 1) and educational (SDG 4) sectors, specific strategies integrated into the overall financing strategy will be developed to increase financing, including innovative financing, in order to accelerate the pace of achieving the 2030 Agenda and better contribute to the implementation of the 2020-2025 roadmap.
Ultimately, the project should achieve the following interdependent results: a strategy for mobilizing sustainable financing that is supported by an institutional mechanism, integration of financing plans, instruments, and systems, mobilization of private and public resources to finance the SDGs, and identification of operational and institutional risks.
Preparatory activities for the effective implementation of the project began in July 2020.
For more information on the project, please contact: Ms. Essi Fafa Soulé, efsoule [at] unicef.org , Head of Communication, Advocacy and Partnership with the Private Sector at Unicef or Mr. Emile Kenkou, emile.kenkou @undp.org , Communications Officer at UNDP.
Originally published by UNDP.
Note:
The Joint SDG Fund's joint programmes are under the prestige leadership of the Resident Coordinator Office and implementing United Nations Agencies. With sincere appreciation for the contributions from the European Union and Governments of Denmark, Germany, Ireland, Italy, Luxembourg, Monaco, The Netherlands, Norway, Portugal, Republic of Korea, Saudi Arabia, Spain, Sweden, Switzerland and our private sector funding partners, for a transformative movement towards achieving the SDGs by 2030.
